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On Newco Limited

10853953

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 6 & 7 PROSPERITY COURT, MIDDLEWICH, CW10 0GD
Incorporated 06/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Shawn Allen Abrams

director · Since 03/11/2023

INVESTOR AND BOARD ADVISOR

AMERICAN · UNITED STATES · Age 63

Also on 1 other board

Mr Donald Lee Potter

director · Since 03/11/2023

CONSULTANT

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Persons with Significant Control

Savillex Life Sciences Uk Limited

75–100% shares
75–100% votes
Appoint directors

First Floor Templeback, 10 Temple Back, Bristol, BS1 6FL

Reg: 15228881 · Companies House · Private Limited Company

Notified 03/11/2023

Former PSCs

Mr Oliver Anthony Nulty

Ceased 18/04/2018

Foresight Regional Investment General Partner Llp

Ceased 03/11/2023

Charges1 outstanding

Charge
outstanding

TWIN BROOK CAPITAL PARTNERS, LLC

Created 30/01/2024Registered 30/01/2024
Charge
satisfied

CYNERGY BUSINESS FINANCE LIMITED

Created 25/01/2023Registered 25/01/2023Satisfied 16/11/2023
Charge
satisfied

ANDREW ELLISON (AS SECURITY TRUSTEE)

Created 25/03/2022Registered 31/03/2022Satisfied 16/11/2023
Charge
satisfied

THE FORESIGHT REGIONAL INVESTMENT LP

Created 25/03/2022Registered 31/03/2022Satisfied 16/11/2023
Charge
satisfied

THE FORESIGHT REGIONAL INVESTMENT LP

Created 31/07/2020Registered 05/08/2020Satisfied 16/11/2023
Charge
satisfied

DAVID MCCABE (AS SECURITY TRUSTEE)

Created 31/07/2020Registered 04/08/2020Satisfied 16/11/2023
Charge
satisfied

FORESIGHT REGIONAL INVESTMENT LP

Created 18/07/2019Registered 26/07/2019Satisfied 16/11/2023
Charge
satisfied

NEIL THOMAS

Created 18/07/2019Registered 25/07/2019Satisfied 16/11/2023
Charge
satisfied

GARY BAGSHAW

Created 18/07/2019Registered 24/07/2019Satisfied 16/11/2023
Charge
satisfied

PHILIP ARDEN

Created 18/07/2019Registered 24/07/2019Satisfied 16/11/2023
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 01/11/2017Registered 13/11/2017Satisfied 16/11/2023
Charge
satisfied

FORESIGHT REGIONAL INVESTMENT LP

Created 11/09/2017Registered 12/09/2017Satisfied 16/11/2023

CompanyRankvs 61141+ SIC 96090 peers
36

Financial strength72th percentile among SIC peers · 18/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength18/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£13k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£156k

Working capital

Current Assets

£148k

Current Liabilities

£304k

Debtors

£141k

Profit After Tax

-£12.1M

0avg. employees-6

Tax at Year End

Dividends paid£1.5M

Balance Sheet

Assets less current liabilities£4.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£4.9M
20230.87

Derived from filed accounts. Not audited figures.